trumpnewstoday

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Elon Musk has officially stepped down from the Department of Government Efficiency (D.O.G.E), marking a major shift in federal cost-cutting efforts. Despite the resignation, the mood during the press conference held in the Oval Office on Friday (May 30) was positive, with President Trump praising Musk for the fantastic work he had done.
During Musk’s tenure, D.O.G.E successfully cut approximately 260,000 federal jobs—around 12% of the total government workforce. However, the original savings target of US$2 trillion was eventually scaled down to US$150 billion, as it was deemed overly ambitious.
Trump presented Musk with a golden key, which he said is only given to very special individuals. Musk stated that he will continue to advise the president, and Trump clarified that Musk is not completely stepping away from his role.
Political responses were mixed, with concerns that budget reform may lose momentum. Some questioned whether future budget cuts could be effective without Musk’s direct leadership.
Musk’s decision to refocus on his core business at Tesla had a positive impact on the company’s stock, even though Tesla’s net income had declined. His resignation highlights the significant challenges of managing government efficiency under intense budgetary pressure.
What do you think? Will Musk’s departure slow down budget reform — or has he already laid a foundation strong enough to continue without him? 🗝️🇺🇸
#ElonMusk #trumpnewstoday

Why Crypto Market is Up Today: Trump Tariffs Delay, ETF Inflows Effect
The world crypto market now looks strong with a combined market capitalization of $3.57 trillion that went up by 0.7% over the last 24 hours. The trade volume stands at $92.9 billion, according to CoinGecko. The Fear and Greed Index is 73, indicating "Greed," so investors are optimistic.
Why Crypto Market is Up Today?
Trump Tariff Delay Fuels Market Hope: The biggest market-moving news today is out of the US government. President Trump officially postponed his proposal to start 50% tariffs on European Union imports, previously scheduled to begin on June 1. Instead, a new deadline has been set for July 9 to give more time for trade talks.
This delay came after discussions with European Commission President Ursula von der Leyen. It helped calm fears about a global trade war. As a result, European markets went up, the euro reached its highest point since April 30, and investors became more hopeful about a fair trade deal. This positive mood also spread into the crypto space, lifting major digital assets.
ETF Inflows and Strong Altcoin Moves Fuel crypto Rally: Another key reason behind the market’s rise is the growing demand for Bitcoin and Ethereum ETFs. On May 23, Bitcoin ETFs saw $211.74 million in net inflows, bringing total ETF assets to $131.39 billion, as per SoSoValue data. That’s now over 6% of Bitcoin’s total market cap. This shows rising trust from large institutional investors.

Source: SoSoValue
Ethereum is not far behind. It recorded $58.63 million in inflows the same day. Its ETF assets now stand at $9.12 billion, making up nearly 3% of Ethereum’s market cap. This kind of strong interest is a big reason why investors are confident.

Source: SoSoValue
Liquidation Heatmap: It shows Ethereum (ETH) had $1.23 million in liquidations in the last hour, as per Coinglass data. That means many traders were caught off guard as prices moved quickly—usually a sign of active buying pressure. Other coins like Solana, SUI, and COOKIES also saw big liquidations, which pushed prices higher.

Source: Coinglass
Leading cryptocurrency assets are in the green today. Bitcoin price rose 2.51% in the past 24 hours, now trading around $109,837. Ethereum is at $2,566.43, while Solana jumped by 9.90% to hit $177.14. XRP also climbed 1.54% to $2.34. These gains across big names are helping the entire sector move upward.
What’s Next for the Market? Watch U.S. Economic Data Closely
While today’s performance is strong, investors should keep an eye on what’s coming next. The Fear and Greed Index has stayed in the “Greed” zone for over a week now. This shows people are still hopeful, but the mood can change quickly.

Upcoming U.S. economic reports will play a big role in where it goes from here. The release of the FOMC meeting minutes, April PCE inflation data, and Q1 GDP figures could impact the next trend. The Federal Reserve is also expected to speak soon, which may hint at future interest rate moves.
If these events turn out positive, investor trust in crypto could grow even more. But if the result is adverse, then it may see a pullback. Hence, traders must be cautious.
Conclusion
The crypto industry is looking healthy today because of Trump's hesitation to introduce new tariffs, increasing ETF inflows, and good performances from coins such as Bitcoin and Solana. Investors remain hopeful according to the Fear and Greed Index, but events in the U.S. in the near future may make things go differently. It's time of hope but also fear for the community, and price forecasting will largely be based on future economic releases.

To Know more, Visit:- CoinGabbar
#cryptonews #trumpnewstoday #cryptonewsupdates #BitcoinNews

Is a Crash Coming? Or a Golden Buying Opportunity? Let’s break it down…

👀 Everyone’s Watching... But Are YOU Ready?

Former U.S. President Donald Trump is about to announce massive tariffs on China, Mexico & Canada—and that could rattle the entire market, including Bitcoin and altcoins!

This kind of news doesn’t just hit the headlines—it moves the charts.

🧾 What Are Tariffs? (Quick & Simple)

Tariffs are taxes on goods coming from other countries. When they go up, prices rise, trade slows down, and markets react with fear.
That fear can lead to panic selling—and that’s when crypto takes a hit.

🔥 How Could This Affect the Crypto Market?

If Trump’s announcement is aggressive:

BTC could dump to $83K, $80K, or even $75K

Altcoins might bleed with increased volatility

Traders could see both major dips AND bounce-back opportunities

⚠️ What Should You Do?

Don’t just watch—be prepared: ✅ Manage your risk smartly
✅ Don’t chase pumps or panic during dips
✅ Wait for confirmation before entries
✅ Stay updated around 1:00 AM (Tariff time)

🎯 The Bottom Line: This announcement might be a short-term shock, but smart traders know:
Volatility = Opportunity
Stay sharp, stay informed, and don’t trade blindly.

If you’re part of my community—you’ll be ready.
LIKE | COMMENT | REPOST | FOLLOW for real-time updates & accurate signals!

Drop a "⚡" in the comments if you're ready to handle the volatility like a pro!

#trumpnewstoday #CryptoAlert #bitcoincrash #BTCUpdate #BinanceSquare

Many economists and analysts criticized the trade policy of the US president, noting that it could have unpredictable consequences for the national economy. According to some, this highlights the unique properties of the main digital currency. A number of specialists suggest that Donald Trump's decision to postpone the implementation of tariffs for 90 days for several countries reveals vulnerabilities in the American bond market.#TrumpEconomicPolicy

$DOGE
🇺🇸 Domestic Policy & Legal Developments
Film Tariffs: President Trump announced a 100% tariff on foreign-made films, citing national security concerns and a need to protect the U.S. film industry. This move has sparked international backlash, particularly from the UK and Australia, who warn of significant economic repercussions.

Alcatraz Reopening: Trump directed the reopening and expansion of the former Alcatraz prison in San Francisco Bay, aiming to utilize the facility for housing violent offenders.

Immigration Policy: The administration introduced a voluntary "self-deportation" program, offering $1,000 to undocumented immigrants willing to return to their home countries.

Public Broadcasting Cuts: Proposals to eliminate federal cultural support agencies have led to the termination of numerous arts grants and calls to cut funding for NPR and PBS.

🌐 Foreign Relations & Security

Mexico Troop Offer: Trump claimed that Mexican President Claudia Sheinbaum rejected his offer to send U.S. troops to combat drug cartels, suggesting she was "afraid of the cartels."

Due Process Concerns: In a recent interview, Trump expressed uncertainty about his obligation to uphold the U.S. Constitution and did not rule out using military force to control Greenland, citing its strategic importance.

🗳️ Political Landscape

2028 Election: Trump confirmed he would not seek a third term, adhering to the constitutional two-term limit.

Midterm Strategy: With the 2026 midterm elections approaching, Trump faces declining poll numbers and increasing criticism, with many Americans perceiving him as overreaching and ineffective. #TrumpCrypto #trumpnewstoday

📺 Media & Public Perception

60 Minutes Segment: A recent "60 Minutes" segment compared Trump to a "mob boss," featuring accusations of intimidation tactics through executive orders targeting law firms. The segment faced criticism for lacking opposing perspectives.

Fox News Criticism: Trump lashed out at Fox News host Karl Rove, calling him a "total loser" after Rove cr
iticized his administration's policies.

📉📉 Markets BLEEDING. Crypto SHATTERED. What just happened?! Let’s break it down like pros so even your dog 🐶 can understand.

🧠 First things first: Everyone expected some volatility. Monthly + weekly closing always brings turbulence.
BUT THIS? THIS WAS A MASSACRE. 💀

📊 Why does this happen?
When stock markets close monthly, big traders CASH OUT. That’s routine. But when weekly + monthly align — it’s a liquidity exodus! 💸

And here’s where it hits home:
STOCKS FALL = CRYPTO COLLAPSES HARDER.
📉 Stocks drop 10%? Crypto drops 20-30%. Why? Because crypto is the wild child of risk assets. 🚀⚠️

🔗 $BTC , $ETH, $XRP, $BNB, $TON, $SUI, $WCT — ALL TANKED because they mirror the macro fear from stocks.

And just when we thought it was over…

💥 MR. TRUMP enters the chat.
In a fiery press conference, Donald Trump announces fresh tariffs — trade war alert 🚨
Then BREAKING NEWS: 🇨🇳 China violated tariff agreements.
Trump’s response? 🧨 A viral post (see screenshot) that lit the market on FIRE 🔥

👉 RESULt% 🔻

$TRUMPUSDT -2.5%

$BTC nosediving past key levels

Liquidations everywhere 😵‍💫

This wasn't just a dip — this was a reset.

💬 Drop your thoughts below 👇
Is this manipulation, macro meltdown, or just the start of a bigger storm? 🌪️
#cryptocrash #bitcoin #trumpnewstoday #wct